Massachusetts Development Finance Agency

Said amendment of the terms of the Series 2014 Bonds will be deemed a current refunding of the Series 2014 Bonds under the Code. The Series 2014 Bonds, currently outstanding in the principal amount of $2,937,218, constitutes the maximum aggregate principal amount of the Series 2014 Bonds immediately following such amendment.

The proceeds of the Series 2014 Bonds were used to provide for the financing or refinancing of, or the reimbursement of funds advanced by Jewish Family & Children’s Service, Inc., and Jewish Family and Children’s Foundation, Inc. (the “Obligors,” which term includes for purposes of this Notice any parent, subsidiary or other affiliate thereof) with respect to the facilities which are owned or to be owned and operated by the Obligors located at 1430 Main Street, Waltham, Massachusetts (the “Property”), (including without limitation such financing, refinancing or reimbursement of bond reserves, interest and issuance costs), in particular the proceeds of the Series 2014 Bonds were loaned to the Obligors for the purposes of:

(A) the current refunding the $5,080,000 Massachusetts Development Finance Agency Revenue Bonds, Jewish Family and Children’s Foundation Project, Series 2004, (B) the construction of improvements to the Property, and (iii) the payment of costs of issuance of the Series 2014 Bonds.

The Series 2014 Bonds, as to be amended, will constitute qualified 501(c)(3) bonds for charitable purposes, will not constitute a general obligation of, or a pledge of the faith and credit of MassDevelopment or a general obligation of, or a debt or pledge of the faith and credit of The Commonwealth of Massachusetts.

Interested persons wishing to express their views on the proposed amendment of the Series 2014 Bonds will be given the opportunity to do so at the telephonic public hearing or may, prior to the time of the public hearing, submit their views in writing to the MassDevelopment at 99 High Street, 11th Floor, Boston, Massachusetts 02110.  Persons desiring to participate at the telephonic public hearing must make a written request at least 24 hours prior to the hearing by email to tefrahearinginfo@MassDevelopment.com or by mail to MassDevelopment, 99 High Street, Boston, MA 02110, Attn:  TEFRA Hearings.